Price for Cereal Groats; Meal and Pellets in Denmark - 2023
Contents:
- Price for Cereal Groats; Meal and Pellets in Denmark (CIF) - 2023
- Price for Cereal Groats; Meal and Pellets in Denmark (FOB) - 2023
- Imports of Cereal Groats; Meal and Pellets in Denmark
- Exports of Cereal Groats; Meal and Pellets in Denmark
Price for Cereal Groats; Meal and Pellets in Denmark (CIF) - 2023
The average import price for cereal groats; meal and pelletses stood at $844 per ton in June 2023, picking up by 26% against the previous month. Overall, import price indicated a mild expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, cereal groats; meal and pellets import price increased by +136.8% against March 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 74% month-to-month. Over the period under review, average import prices reached the peak figure in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($1,862 per ton), while the price for Germany ($763 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Groats; Meal and Pellets in Denmark (FOB) - 2023
In June 2023, the average export price for cereal groats; meal and pelletses amounted to $1,014 per ton, which is down by -6.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in February 2023 an increase of 18% against the previous month. The export price peaked at $1,080 per ton in May 2023, and then shrank in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Iceland ($2,837 per ton), while the average price for exports to Germany ($962 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Groats; Meal and Pellets in Denmark
Cereal groats; meal and pellets imports into Denmark skyrocketed to 22K tons in 2022, rising by 24% compared with the year before. The total import volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cereal groats; meal and pellets imports surged to $17M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cereal Groats; Meal and Pellets in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.0 | 3.8 | 4.7 | 6.1 | 15.1% |
| France | 0.9 | 0.9 | 2.4 | 5.2 | 79.4% |
| Italy | 2.0 | 1.9 | 2.2 | 2.7 | 10.5% |
| Poland | 0.8 | 1.0 | 0.7 | 1.4 | 20.5% |
| Others | 1.6 | 2.1 | 1.0 | 1.1 | -11.7% |
| Total | 9.3 | 9.7 | 11.1 | 16.5 | 21.1% |
Top Suppliers of Cereal Groats; Meal and Pellets to Denmark in 2022:
- Germany (10.6K tons)
- France (7.0K tons)
- Italy (2.7K tons)
- Poland (0.9K tons)
Exports of Cereal Groats; Meal and Pellets in Denmark
For the fourth consecutive year, Denmark recorded growth in overseas shipments of cereal groats; meal and pelletses, which increased by 71% to 11K tons in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cereal groats; meal and pellets exports skyrocketed to $10M in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereal Groats; Meal and Pellets in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.8 | 3.0 | 3.8 | 8.8 | 122.4% |
| Sweden | 0.8 | 0.5 | 0.5 | 0.6 | -9.1% |
| Faroe Islands | 0.2 | 0.1 | 0.3 | 0.2 | 0.0% |
| Iceland | 0.3 | 0.4 | 0.1 | 0.1 | -30.7% |
| Others | 0.5 | 0.3 | 0.6 | 0.6 | 6.3% |
| Total | 2.7 | 4.4 | 5.2 | 10.3 | 56.3% |
Top Export Markets for Cereal Groats; Meal and Pellets from Denmark in 2022:
- Germany (9.7K tons)
- Sweden (0.5K tons)
- Faroe Islands (0.1K tons)
- Iceland (0.1K tons)
375
This report provides an in-depth analysis of the non-wheat cereal pellets market in Denmark.
390
This report provides an in-depth analysis of the non-wheat groats market in Denmark.
293
This report provides an in-depth analysis of the market for wheat and spelt groats in Denmark.
365
This report provides an in-depth analysis of the durum wheat meals market in Denmark.
347
This report provides an in-depth analysis of the wheat pellets market in Denmark.
857
This report provides an in-depth analysis of the global non-wheat cereal pellets market.
957
This report provides an in-depth analysis of the global non-wheat groats market.
451
Global Wheat And Spelt Groats Market Report 2018. This report provides an in-depth analysis of the global market for wheat and spelt groats.
455
Global Durum Wheat Meals Market Report 2018. This report provides an in-depth analysis of the global durum wheat meals market.
504
Global Wheat Pellets Market Report 2018. This report provides an in-depth analysis of the global wheat pellets market.
Nothing found. Please try again.
